Determinants of sukuk (Islamic Bonds) yields
Author
Source
Scientific Journal for Economic and Commerce
Issue
Vol. 48, Issue 3 (30 Sep. 2018), pp.587-623, 37 p.
Publisher
Ain Shams University Faculty of Commerce
Publication Date
2018-09-30
Country of Publication
Egypt
No. of Pages
37
Main Subjects
Financial and Accounting Sciences
Abstract EN
Sukuk are a significant mode of financing in the Islamic financial system.
Since their launch in the 1980s, Sukuk have gained recognition and popularity as a substitute for conventional bonds.
Sukuk represent a proportional undivided ownership right in tangible assets, or a pool of predominantly tangible assets.
The aim of this study to identify a number of factors that can be used to demonstrate the relationships between bond yields by employing OLS regression analysis.
The results from the regression analysis suggested that maturity, size, Ijara, sovereign Sukuk, and credit rating have significant results on Sukuk yield.
The findings of this study could be helpful for investors to get better risk-adjusted returns in bonds markets.
For policy makers, it highlights the importance of further developments in Sukuk markets.
American Psychological Association (APA)
Shalhub, Hibah Shafiq. 2018. Determinants of sukuk (Islamic Bonds) yields. Scientific Journal for Economic and Commerce،Vol. 48, no. 3, pp.587-623.
https://search.emarefa.net/detail/BIM-940891
Modern Language Association (MLA)
Shalhub, Hibah Shafiq. Determinants of sukuk (Islamic Bonds) yields. Scientific Journal for Economic and Commerce Vol. 48, no. 3 (2018), pp.587-623.
https://search.emarefa.net/detail/BIM-940891
American Medical Association (AMA)
Shalhub, Hibah Shafiq. Determinants of sukuk (Islamic Bonds) yields. Scientific Journal for Economic and Commerce. 2018. Vol. 48, no. 3, pp.587-623.
https://search.emarefa.net/detail/BIM-940891
Data Type
Journal Articles
Language
English
Notes
Record ID
BIM-940891